What Are Coin Shops Paying For Washington Quarters And Roosevelt Dimes?

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Author	Replies: 15 / Views: 2,053
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 05/15/2023 10:15 am Hello, As I've written before on this forum, I am in Rome with little understanding of u.s. LCS pricing. I know what I pay for coins in Italy but have not bought in the u.s. I may have a stash of PRE - 1965 Washington quarters and Roosevelt dimes I am looking to sell when in the u.s. I am aware that bid prices change daily...but just to give me an idea... How much are coin shops paying for WQs and RDs? I am reluctant to blind call coin shops. Thank you all! Edited by Roma2021 05/15/2023 6:39 pm Report this Post to the Staff

westernsky Pillar of the Community United States 7614 Posts	Posted 05/15/2023 12:32 pm I haven't sold any in a while, but I did buy some Mercury dimes a few weeks back for 20x face. The dealer told me they paid 18x for them. Whether that was true or not I don't know. I just know they should make a profit on everything that comes in and goes out of the store. It's tough to be be in business and even tougher to STAY in business if you have a brick and mortar store! Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5393 Posts	Posted 05/15/2023 12:59 pm BUYING 90% SILVER DIMES & QUARTERS PAY SPOT + 4.25 X .715 X FACE BUYING 90% SILVER HALVES PAY SPOT + 6.50 X .715 X FACE BUYING AVE CIRC WITH DATES NO HOLES: Barber dimes PAY SPOT + 8.00 X .715 X FACE This is a real buy price from Arizona Coin . They are super legit! Report this Post to the Staff
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 05/15/2023 2:25 pm @pacific coin . . . BUYING 90% SILVER DIMES & QUARTERS PAY SPOT + 4.25 X .715 X FACE Spot ($24 + 4.25 x .715 x .25 = $5.04?) That seems very high. Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5393 Posts	Posted 05/15/2023 3:49 pm That is the real , current market my friend. Even here in Canada , I pay over spot for 90 Per cent US silver ! Report this Post to the Staff
westernsky Pillar of the Community United States 7614 Posts	Posted 05/15/2023 3:53 pm As far as I know AZ Coin and Jewelry in Phoenix does not have a walk-in brick and mortar location but conducts business thru the mail. Stands to reason they can AND DO pay more. I've done business with them since the late 1980's and they've always been fair with me selling or buying. Report this Post to the Staff
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 05/15/2023 3:57 pm Thanks everyone for the responses. Is 18X face more realistic for a brick and mortar walk-in sale? Report this Post to the Staff
DBM Pillar of the Community Canada 9862 Posts	Posted 05/15/2023 6:02 pm No one yet asked the obvious. Are they all pre 1965 ? "Dipping" is not considered cleaning... -from PCGS website Report this Post to the Staff
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 05/15/2023 6:38 pm @DBM, yes.They are all pre 1965. Report this Post to the Staff
cptbilly Pillar of the Community United States 1962 Posts	Posted 08/08/2023 09:55 am Quote: This is a real buy price from Arizona Coin . They are super legit! I'm researching the various ways to dispose of a modest collection of silver, mint sets, proof sets, and silver proof sets on behalf of a relative. . .went to the Arizona Coin web site. . . Does "Pay Bid" refer to Greysheet Wholesale values ? TIA Edited by cptbilly 08/08/2023 10:12 am Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5393 Posts	Posted 08/08/2023 10:48 am Yes Report this Post to the Staff
cptbilly Pillar of the Community United States 1962 Posts	Posted 08/08/2023 12:09 pm Thank you, Pacificcoin. I don't think the cost of a subscription "pencils out" for this project. I'm not a dealer, have no plans to sell regularly on ebay or elsewhere. I checked out the Morgans in the collection with a LCS yesterday. Four MS coins; everything else was culls. The LCS offer for the culls was virtually identical to the "Buy List" info at the referenced vendor. I might buy the Bullion ASE (1986, 1989, 2010, 2015) + the MS Morgans for myself. Any suggestions for determining a fair price on the Bullion ASE ? All seem in excellent condition. . .one example: Edited by cptbilly 08/08/2023 3:36 pm Report this Post to the Staff
livingwater Pillar of the Community United States 2216 Posts	Posted 08/08/2023 12:32 pm JM Bullion online buy back price is $16.08 face, too low IMO. https://www.jmbullion.com/my-accoun...ck-products/ Edited by livingwater 08/08/2023 12:34 pm Report this Post to the Staff
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 08/08/2023 5:15 pm Hello everyone, Three weeks ago I was paid 17.75 at an LCS and 17.37 the following week. The LCS was the highest in the metro area where I was and all dealers said (or implied) premiums on pre 65 had come down considerably. Report this Post to the Staff
livingwater Pillar of the Community United States 2216 Posts	Posted 08/08/2023 5:22 pm cptbilly, check ebay sold listings for prices. Edited by livingwater 08/08/2023 5:23 pm Report this Post to the Staff
cptbilly Pillar of the Community United States 1962 Posts	Posted 08/09/2023 11:36 am Quote: cptbilly, check ebay sold listings for prices. Thanks for the tip. Report this Post to the Staff
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